Fed's Bowman Urges Caution: Inflation Risks Persist, Rate Cuts Premature Federal Reserve Governor Michelle Bowman cautioned against premature interest rate cuts, citing potential upside risks to inflation. She emphasized the need to maintain current rates due to economic uncertainties, particularly highlighting concerns about immigration policies’ impact on the labor market and rental prices. Bowman stressed that current conditions do not warrant a reduction in policy rates and expressed openness to further rate increases if inflation progress stalls or reverses. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts JPMorgan Chase CEO Jamie Dimon Remains Cautious on the U.S. Economy READ MORE Fed's Hesitation on Rate Cuts Sends Oil Markets Downward READ MORE Yellen says U.S. Economic Performance 'Vindicates' Heavy COVID-Era Spending READ MORE Crude Oil's Upward Momentum Stalls Amid Signs of Overbought Market READ MORE The Real Story Behind China's Gold Demand and Reserves READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment